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BWX Technologies, Inc. Director's Dealing 2015

Jul 8, 2015

30361_dirs_2015-07-08_bf41369b-306c-4fb3-bdb6-3a6d3c572be4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BWX Technologies, Inc. (BWXT)
CIK: 0001486957
Period of Report: 2015-07-06

Reporting Person: Bash Benjamin H. (See Remarks)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-07-06 Stock Option (right to buy) $8.09 D 153 Disposed 2016-03-05 Common Stock (153) Direct
2015-07-06 Stock Option (right to buy) $18.75 D 67 Disposed 2017-03-04 Common Stock (67) Direct
2015-07-06 Stock Option (right to buy) $26.39 D 171 Disposed 2018-03-04 Common Stock (171) Direct
2015-07-06 Stock Option (right to buy) $20.31 D 161 Disposed 2019-03-05 Common Stock (161) Direct
2015-07-06 Stock Option (right to buy) $20.47 D 302 Disposed 2020-03-04 Common Stock (302) Direct
2015-07-06 Stock Option (right to buy) $24.97 D 310 Disposed 2021-03-03 Common Stock (310) Direct
2015-07-06 Stock Option (right to buy) $23.62 A 2938 Acquired 2025-03-02 Common Stock (2938) Direct
2015-07-06 Restricted Stock Unit $0.00 A 544 Acquired 2018-03-02 Common Stock (544) Direct
2015-07-06 Restricted Stock Unit $0.00 A 527 Acquired 2018-03-02 Common Stock (527) Direct

Footnotes

F1: Represents adjustments made pursuant to the Employee Matters Agreement, dated as of June 8, 2015, between the Issuer and Babcock & Wilcox Enterprises, Inc. and the Issuer's Amended and Restated 2010 Long-Term Incentive Plan in connection with the Issuer's spin-off of Babcock & Wilcox Enterprises, Inc. on June 30, 2015.

F2: 100% of the stock options are vested.

F3: 100% of the stock options are vested.

F4: 100% of the stock options are vested.

F5: 100% of the stock options are vested.

F6: Two-thirds of the stock options are vested. The remaining one-third of the stock options will vest March 4, 2016.

F7: One-third of the stock options are vested. The remaining two-thirds of the stock options will vest in two equal annual installments beginning March 3, 2016.

F8: Stock options vest in three equal annual installments beginning March 2, 2016.

F9: 100% of RSUs cliff vest on March 2, 2018.

F10: RSUs vest in three equal annual installments beginning March 2, 2016.